This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
BusinessLive reports that consumer inflation remained within the Reserve Bank's 3%-6% target range in May, with the consumer price index (CPI) ticking up to 5.4%, from 5.3% in April.
Month-on-month, CPI inflation was 0.3% in May. Prices of food and nonalcoholic beverages were up 6.9% from a year earlier, Statistics SA data showed on Wednesday. This was slightly higher than in April, but well off last year's double-digit peaks. NKC economist Elize Kruger said last week: “May is historically a moderate food price month with a long-term average monthly growth rate of 0.5%.” The transport index rose 5.2% from a year earlier, but within that, fuel prices were up 8% from a year earlier.
- Read this report by Sunita Menon in full at BusinessLive
Get other news reports at the SA Labour News home page